ANSON RESOURCES (ASX:ASN)
(Up on no news)
This lithium/nickel-copper-PGE explorer has bolted out of the gate in 2021, gaining ~221 per cent year-to-date.
Its main game is the advanced Paradox lithium brine project in the United States, which is ostensibly benefitting from the Biden administration’s strong focus on building a local battery materials supply chain.
Recent testing suggests the quality of Anson’s lithium works better than the “commercially available Tier 1 products currently used in the production of high-performance lithium-ion batteries”, the explorer says.
Due to the success of the initial test work and its findings, Anson is proceeding with a larger bulk sample test work program over the next several months.
The final test report should be provided in Q2 2021, it says.
ASN Chart, page-2289
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